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Innovate Finance & BCG: Publish new report on open finance

Innovate Finance & BCG: Publish new report on open finance

  • Innovate Finance, the industry body representing UK FinTech, in partnership with professional services firm BCG
  • Released a new report with key recommendations for the UK to unlock the full potential of Open Finance
  • The UK is considered one of the most advanced Open Banking markets in the world having sparked key innovations
  • The UK’s leading role in Open Banking is however being challenged as other countries advance
  • The report highlights key areas where the UK needs to act to continue leading on Open Banking
  • The evolution of Open Finance in the UK requires the removal of hurdles on data retrieval from banks
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Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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